Arab Today, arab today luxury group mulberry announces resignation of ceo
Last Updated : GMT 21:10:43
Arab Today, arab today
Arab Today, arab today

Luxury group Mulberry announces resignation of CEO

Arab Today, arab today

Arab Today, arab today Luxury group Mulberry announces resignation of CEO

London - AFP

British luxury handbag maker Mulberry on Thursday announced the departure of its chief executive, Frenchman Bruno Guillon, with immediate effect after two years at the helm. The company did not give a reason for the departure but it follows a profit warning from Mulberry in January following slowing sales in Britain and key market South Korea, sparking a collapse of its share price. Mulberry said that Godfrey Davis, non-executive chairman and previously chief executive of the company, will become executive chairman until a successor is found. "I, along with the board, would like to thank Bruno for his hard work over the past two years," Davis said in a short statement.   "He has helped improve the quality of the Mulberry offering and enabled the company to increase its international appeal and grown international retail sales. I am confident that Mulberry has the heritage, brand appeal and products to build on what has been achieved," he added.

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